Quote of the day
"The crude stocks are not being paid attention too,
as this is a products run market. As we move further away
from the US driving season and into winter, heating oil
stocks will take over the mantle from gasoline. Whilst the
heating oil stocks are currently at healthy levels, the fear
of refinery runs being low is starting a panic with the
thoughts that demand will exceed supply."
A Brent player said as the US Department of Energy showed a
slight rise in US crude stocks in it's latest inventory
report.
See more industry/OPEC viewpoints at http://www.platts.com/Oil/Resources/Quote%20of%20the%20Day/
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